Overall StructureThe chart displays a logarithmic scale spanning approximately 2 years. The stock has moved through three clearly identifiable phases:Phase 1 — Primary Uptrend (early 2024 to October 2025): The stock rallied from around 0.56 AUD to its all-time high of 6.71 AUD — a gain of over 1,000%. The momentum was driven by continuous contract announcements and a favorable global defense spending environment.Phase 2 — Correction (October–December 2025): Following the ATH, a classic profit-taking selloff of approximately –57% ensued, bottoming out in the 1.60–1.80 AUD range. This zone has since acted as strong support.Phase 3 — Recovery (December 2025 to present): From the low, the stock has recovered +157% to the current price of 4.12 AUD. The ascending trend channel remains intact.
Critical Zone Right Now
The price is sitting at a decisive crossroads:
4.60–4.80 AUD is the next major resistance zone — this was the breakout level in 2024 before the final rally to the ATH. A clean break above would be a strong bullish signal.
5.00 AUD is Bell Potter's analyst price target — a psychologically significant round number.
6.71 AUD (ATH) remains the ultimate resistance; roughly +63% upside from current levels.
Critical Zone Right Now
The price is sitting at a decisive crossroads:
4.60–4.80 AUD is the next major resistance zone — this was the breakout level in 2024 before the final rally to the ATH. A clean break above would be a strong bullish signal.
5.00 AUD is Bell Potter's analyst price target — a psychologically significant round number.
6.71 AUD (ATH) remains the ultimate resistance; roughly +63% upside from current levels.
Haftungsausschluss
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.